Minden was Canada’s 1832th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $269,500 in Minden was a below average compared to the rest of Ontario.
Investors looking for properties in Minden are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
This month we track 122th neighbourhoods in Ontario, and Minden has the 122th most choice available for real estate investors.
Will prices rise across the next year in in Minden? There are a number of real estate indicators to consider.
In Minden, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
As one of Ontario’s many potential real estate investment neighbourhoods, Minden needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.